APOLLO MINERALS LIMITED — Capital/Financing Update 2012

Apr 17, 2012

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MARKET RELEASE

18 April 2012

Apollo Minerals Limited

TRADING HALT

The securities of Apollo Minerals Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Friday, 20 April 2012 or when the announcement is released to the market.

Security Code: AON

Anthony Ingegneri Adviser, Listings (Sydney)

Office Address Level 9, 50 Margaret Street New South Wales 2000 Australia Postal Address PO Box R933 Royal Exchange New South Wales 1225 Australia Phone +61 2 9078 7665 Fax +61 2 9078 7661 Email info@apollominerals.com.au

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18 April 2012

The Manager Issuers Department Australian Securities Exchange

Attention: Anthony Ingegneri

Request for a Trading Halt

Apollo Minerals Limited (ASX:AON) requests a trading halt to the trading of the companies securities until the earlier of an announcement following a capital raising or Friday 20 April 2012.

In accordance with listing rule 17.1 the company advises that:

1. The trading halt is necessary as the Company expects to make an announcement to the market in relation to the capital raising outlined above.

2. The company wishes the trading halt to last until as such time it makes an announcement to the market concerning the outcome of the capital raising or the Friday 20 April 2012, whichever is the earlier.

3. The company is not aware of any reason why the trading halt should not be granted.

Yours faithfully

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Guy Robertson Company Secretary

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www.apollominerals.com.au